£382,545
This estimated value is based upon the latest sale price for the house of £355,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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53 Southernhay, Basildon, SS14 1EU
Phone: 01268810660
| Price Paid | Date |
|---|---|
| £355,000 | 3 Sep 2021 |
| £72,000 | 15 Dec 1997 |
| £68,000 | 28 Jul 1997 |
| £62,000 | 18 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £355,000 results in an estimated price of approximately £382,545.
| 3 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £355,000 | £27,545 | £382,545 |
The Postcode Pricing Model uses changes in average sales price within the SS16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -47.020 % | £-166,919 | £188,080 |
| 3 Month Average | -9.330 % | £-33,122 | £321,877 |
| 6 Month Average | -7.329 % | £-26,019 | £328,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £350,184 | £345,000 | 1 KINGSWOOD ROAD |
| 1 Nov 2023 | £385,710 | £380,000 | 10 COLNE PLACE |
| 22 Sep 2023 | £390,999 | £386,000 | 29 COLNE PLACE |
| 21 Aug 2023 | £398,486 | £395,000 | 27 COLNE PLACE |
| 3 Apr 2023 | £323,483 | £320,000 | 4 MISTLEY END |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 25 Jun 2013. Using an estimated price of £382,545 means this house is valued at £2,656 per sq meter (£246 per sq foot).
The average size of a house on COLNE PLACE is 127 sq meters (1,368 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Spains Hall Place | |
| Feb 2024 | Anti-social behaviour | On or near Spains Hall Place | |
| Mar 2024 | Anti-social behaviour | On or near Wickham Place | |
| Mar 2024 | Anti-social behaviour | On or near Kingswood Road | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Road |